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News

Transactions (Chapter 10 Of Listing Requirements):Related Party Transactions

Jan 04, 2013

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description EKOVEST BERHAD (“EKOVEST” OR THE “COMPANY”)

(I) PROPOSED TRANSFER OF 100% OF THE ORDINARY SHARES OF RM1.00 EACH IN WIRA KRISTAL SDN BHD (“WIRA KRISTAL”) IN EXCHANGE FOR NEW ORDINARY SHARES OF RM1.00 EACH IN EKOVEST (“PROPOSED SHARE EXCHANGE”); AND

(II) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL (“PROPOSED IASC”) OF THE COMPANY

(COLLECTIVELY REFERRED TO AS “PROPOSALS”)

(Unless otherwise stated, all abbreviations used herein shall have the same meanings as those mentioned in our announcement dated 30 January 2012.)

We refer to the announcements dated 30 January 2012, 18 July 2012, 6 November 2012 and 7 December 2012.

On behalf of the Company, CIMB wishes to announce that CIMB had on even date, submitted an application to Bursa Securities to seek an extension of time from 5 January 2013 up to 5 March 2013 to comply with Section 9.33(1)(a) of the Listing Requirements in relation to the submission of the draft circular to the shareholders of Ekovest for the Proposals.

This announcement is dated 4 January 2013.

 

 

 

 


Announcement Info

Company Name EKOVEST BERHAD  
Stock Name EKOVEST    
Date Announced 4 Jan 2013  
Category General Announcement
Reference No MM-130104-66229
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